Xiaocheng Science and Technology announcement, the dispute over the "Public-Private Partnership Agreement for the purchase of Intelligent Metering equipment" between the company and the Emfuleni municipal government of South Africa was formally accepted by the GAUTENG branch of the South African High Court in Johannesburg on May 19, 2020. the company won the judgment of first instance on September 18, 2020. because the Emfuleni municipal government did not accept the judgment of first instance, the network trial was held again on October 15, 2020, upholding the judgment of first instance. On November 12, 2021, the company received the judgment issued by the High Court of the GAUTENG District of South Africa on November 11, 2021. IAM SEMENYA SC as the mediator, the company and the Emfuleni municipal government have reached a settlement and signed a settlement agreement.

According to the third quarterly report of Xiaocheng Science and Technology 2021, the company's main income was 142 million yuan, up 9.35% from the same period last year; the net profit was 86.2775 million yuan, up 1902.41% from the same period last year; and the non-net profit was 85.6086 million yuan, up 2104.99% from the same period last year. Among them, in the third quarter of 2021, the company's main income in a single quarter was 60.5486 million yuan, up 20.84% over the same period last year; and the net profit in a single quarter was 79,4893 million yuan, up 11539.41% over the same period last year. The non-net profit in a single quarter was 79.4336 million yuan, up 12167.69% from the same period last year; the debt ratio was 10.13%, the financial expenses were 6.3688 million yuan, and the gross profit margin was 52.2%.

The stock has no agency rating in the last 90 days. In the past three months, the net inflow of financing was 44.7472 million, and the financing balance increased, while the net inflow of securities was 0, and the balance of securities lending increased. According to the Securities Star valuation analysis tool, Xiaocheng Technology (300139) has a rating of 1.5 stars for a good company, a good price rating of 1.5 stars, and a comprehensive valuation rating of 1.5 stars. (rating range: 1-5 stars, up to 5 stars)

The chairman of the company is Cheng Yi. Mr. Cheng Yi: born in 1963, Chinese nationality, no permanent right of abode abroad, bachelor degree, engineer, engineer of Beijing heavy Machinery Factory from August 1987 to September 1990, Director of Design Room of Beijing Regional Research and Consulting Center from October 1990 to September 1993, General Manager of Xiaocheng Industry and Trade from October 1993 to August 2000, Director of the Company from August 2000 to now, General Manager of the Company from 2000 to April 2013 He has been chairman of the company since April 2011, and served concurrently as chairman and general manager of Fugen Electric from 2007 to December 2013. He was concurrently chairman of Xiaocheng Ghana Electric Power Company in September 2011 and general manager of Xiaocheng Technology since May 2019.

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